BP is setting aside $32.2 billion to cover the expected clean-up costs and compensation claims from the Gulf of Mexico oil spill.
Offshore and onshore engineering and construction companies are studying more than $4 billion worth of packages tendered by Saudi Aramco for its giant Wasit gas development.
THE fate of Ghana’s deep-water Jubilee field development was again thrown into the political spotlight this week as revelations emerged prompting the World Bank’s private finance section to delay a planned 15 July sign-off on loan finance and stakeholder agreements for the leased Kwame Nkrumah floating production, storage and offloading unit.
COLOMBIA was once known for its street crime and drug trafficking, but it has come a long way in an effort to distance itself from those negative images and it is now one of the most vibrant safe havens in South America.
BHP Billiton is getting near to selecting winners of two of the main turnkey contracts for its Macedon shallow-water gas development off Western Australia, writes Russell Searancke.
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Opening soon: Qatar's Pearl GTL project
Qatar's Pearl gas-to-liquids plant will come on stream by the end of next year, Saad al-Kaabi, a senior official at state-run Qatar Petroleum, said.
"That will be probably late 2010," Al-Kaabi told reporters on the sidelines of the Petrotech conference, Reuters reported.
| BP testing relief well BOP |
| BP gears up for static kill |
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| Feds lay out Macondo kill plan |
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| August | |
|---|---|
| 22 | Production Optimisation Week Asia 2010 |
| 24 | ONS 2010 |
| September | |
| 13 | Rio Oil & Gas |
| 16 | China FPSO Summit 2010 |
| 21 | UTC - Underwater Technology Conference 2010 |